About This Video
Title:
Published: Thu, 14 May 2009
Description: Autotrader.com says now is the time to buy
Automatically Generated Transcript (may not be 100% accurate)
" As we heard today Chrysler closing down 700 dealers that you would think you hear that but the run -- by car for 5000 dollars they gotta be given the way right well maybe not so we've got another Perry on the line right now this is chip Perry. The CEO of auto trader dot com -- you -- good to have you on the show. So now you. -- looked into it and you and actually that we'd be at the bottom of how cheap a quirky right now even with Pontiac -- business Saturn banana business. Or buy a car now might be the time job right."
" It being such that there's a lot of the fly out there but that supply is starting to come down. Think that the factories have been closed for human. And at the same time with being a really high level of demand for domestic -- for now populated the -- not an -- dot com on the new card -- and very high up on the -- as well so. Given that. That. Who do -- that dwindling supplies and high demand appeared the American public the car buying public has figured out where the bargain and in the domestic car wreck."
" And I think now that my dad was a -- thousand years ago back in the eighties and nineties. You know has -- different game that going to mean Basilan puts in 51020 minutes on the Internet. You can't pull the wool over your eyes of your car salesman -- it's pretty didn't know what the sticker prices the envoys and how much the dealer actually paperback cars that right there."
" Believe that the Internet has created tremendous amount of trade parent -- consumers. And -- them a lot to build a look at that he held the card to find out what's on them to determine pricing. Look at local dealers including special. You can even actually. Certain local inventory he had the car you want is available and then find out that the special deal on it."
" How low in the dealers go -- when you see that and -- if you see that that dealer price. How -- really can they take it before they just can't going further. Report."
" Really hate specific brand by brand dealer by dealers. It's possible today. To buy a car for under dealer invoice that has been around for awhile and it and that they -- it done. It's quite possible. But likely. It is that look like they're going to tighten up. Over the next couple of months because the factory being down supplies dwindling. This is probably the best time to get those that feel completely at tremendous power -- the dealership today."
" What what -- best deal right now."
" Well. Target they honestly. You know it. Some of -- domestic cars you know I think I think it really depends on you can -- generalization about that here you know each individual dealer inventories different. And -- need to sell and liquidate movement moved to move the product off the lot is different so I think the key is to shop around. Use the web to find out where the inventory is. Like like on -- cart dot -- local inventory. And then you find where did. And then let the deal or no you know -- alternative. To that specific car you're looking for and that's what the -- is all about is really providing them. Some the good information that let you strike a good deal when you walk in the door."
More Videos From FOX News
Adam Shapiro explains Chrysler-Fiat deal
Video|Mon, 8 Jun 2009|More from Tom Sullivan
|chryslerfound at0:12, 0:32, 1:36, 2:15, 2:24
A look at the impact of Chrysler closing dealerships nationwide
Video|Tue, 19 May 2009|More from Latest Video
|Wall Streetfound at2:46
Chrysler will have problems with its brand
Video|Mon, 4 May 2009|More from Tom Sullivan
|Chryslerfound at0:06, 0:50, 1:24, 3:17, 3:34